Prudential PLC Makes New $189,000 Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Prudential PLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,080 shares of the company’s stock, valued at approximately $189,000.

A number of other institutional investors have also modified their holdings of the business. Strategic Financial Concepts LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. LPL Financial LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock valued at $765,149,000 after buying an additional 275,904 shares during the period. Keybank National Association OH raised its position in Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after buying an additional 94,658 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 4th quarter. Bank of New York Mellon Corp now owns 1,560,883 shares of the company’s stock worth $273,513,000 after acquiring an additional 7,532 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 312.2% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock valued at $242,674,000 after acquiring an additional 1,048,921 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $152.93 on Wednesday. The business has a 50 day simple moving average of $175.43 and a 200-day simple moving average of $178.46. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $188.16. The stock has a market capitalization of $63.89 billion, a P/E ratio of 21.02 and a beta of 1.01.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.8308 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco S&P 500 Equal Weight ETF Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).